[pic] |Course Syllabus School of Business ACC/290 Version 3 Principles of Account I Course Start Date: : 05/20/2013 Course End Date: 06/24/2013 Group Number: GA12BSB12 | |Copyright © 2011by University of Phoenix. All rights reserved. Facilitator Information hours. I am available to answer questions between class meetings by phone‚ OLS postings or email. Also‚ I will be in class approximately
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Financial Reporting Problem Part 1 XACC/290 Kathleen Downey Brittany Baker Amazon became a publically traded company in October 1995. In 1996‚ it was reincorporated in Delaware. Amazon issued its initial public offering of stock on May 15‚ 1997‚ trading under the NASDAQ stock exchange symbol AMZN‚ at a price of $18.00 per share in the U.S. ($1.50 after three stock splits in the late 1990s Wikipedia). Amazon’s initial business proposal was different they it did not expect to make
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ACC 422 Week 4 WileyPLUS Assignment To purchase this material click http://www.assignmentcloud.com/ACC-422/ACC-422-Week-4-WileyPLUS-Assignment For more classes visit www.assignmentcloud.com ACC 422 Week 4 WileyPLUS Assignment Exercise 11-4 Wenner Furnace Corp. purchased machinery for $650‚070 on May 1‚ 2012. It is estimated that it will have a useful life of 10 years‚ salvage value of $34‚950‚ production of 559‚200 units‚ and working hours of 25‚000. During 2013‚ Wenner Corp. uses the machinery
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This paperwork ACC 561 Week 4 IndividualWileyPlus Exercise BE18 1‚ BE18 7‚ BE18 11 includes answers to these exercises: 1) Brief Exercise BE18-1 Monthly production costs in Pesavento Company for two levels of production are as follows. Cost 3‚000 units 6‚000 units Indirect labor $10‚000 $20‚000 Supervisory salaries 5‚000 5‚000 Maintenance 4‚000 7‚000 Indicate which costs are variable‚ fixed‚ and mixed. Indirect labor Variable cost
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41. Demarco and Janine Jackson have been married for 20 years and have four children who qualify as their dependents. Their income from all sources this year (2009) totaled $200‚000 and included a gain from the sale of their home‚ which they purchased a few years ago for $200‚000 and sold this year for $250‚000. The gain on the sale qualified for the exclusion from the sale of a principal residence. The Jacksons incurred $16‚500 of itemized deductions. a. What is the Jackson’s taxable income
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Page #156 4-2 1. Analyzing transactions 2. Journalizing transactions 3. Posting the journal entries 4. Preparing the unadjusted trial balance 5. Journalizing and posting adjusting entries 6. Preparing the adjusted trial balance 7. Preparing the financial statements 8. Journalizing and posting closing entries 9. Preparing the post-closing trial balance Page #159 Exe. 4-4 Account Title Debit
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Week 4 Checkpoint – Part 1 (5 points) The following are common categories on a classified Balance Sheet: Current Assets Long-term Investments Plant Assets Intangible Assets Current Liabilities Long-term Liabilities For each of the following items‚ select a category from above that identifies the Balance Sheet category where the item typically would appear. Category on Balance Sheet Account Title Long-term Investments Notes Receivable Current Assets Merchandise
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PROBLEM 1-3B (a)Special Delivery Income Statement For the Month Ended May 31‚ 2012 Revenues Service revenue$10‚400 Expenses Salaries and wages expense$2‚000 Maintenance and repairs expense 2‚900 Advertising expense 800 Insurance expense 400 Total expenses 6‚100 Net income$4‚300 Special Delivery Retained Earnings Statement For the Month Ended May 31‚ 2012 Retained earnings‚ May 1$ 0 Add: ADVANCE \r 1 Net income 4‚300 4‚300 Less: Dividends 1‚700 Retained earnings
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E11-15 | | | | |After | |After | | | | | |Stock | |Stock | | | |Before | |Dividend | |Split | |
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Discussion Questions Week 4 Chapter 8 question 6. A firm uses a single discount rate to compute the NPV of all its potential capital budgeting projects‚ even though the projects have a wide range of nondiversifiable risk. The firm then undertakes all those projects that appear to have positive NPVs. Briefly explain why such a firm would tend to become riskier over time. Using the NPV to determine which projects to undertake leads to greater risk over time because best case scenario you can estimate
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